“Economies of scale are a good thing. If we didn’t have them, we’d still be living in tents and eating buffalo.”
“My daughter bought some bit coin, it went up and she thinks she’s a genius now”.
“I had asked the question, I got the wrong answer. How liquid were the positions? How many days can you get out? I was told ten. It was like, hundreds. I said “Oh shit, we have a problem.”
”You can compromise without violating your principles, but it is nearly impossible to compromise when you turn principles into ideology.”
“Normality is a good thing, not a bad thing”
“The bigger you are, the more the government is going to get inside what you do and impose rules and standards. Sometimes for good, sometimes not for good.”
“You can learn more from speaking to people in 15 minutes than if you spend your life doing something”
“The best way to look at any business is from the standpoint of the clients”.
“If you want to be a winner, then compare yourself to the best and acknowledge that it will never happen without hard work.”
“We’re going to do the right thing for the company and our customers, all things considered.”
“Most decisions are not binary, and there are usually better answers waiting to be found if you do the analysis and involve the right people”.
“It’s great that people get together and collaborate, talk about the facts and the analysis, all in the interest of having a great financial system.”
My retirement date, every time you ask me that, I’m going to say five years. I don’t want to retire.
Economies of scale are a good thing. If we didn’t have them, we’d still be living in tents and eating buffalo.
It’s great that people get together and collaborate, talk about the facts and the analysis, all in the interest of having a great financial system.
